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Blicq: what changed

Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.

What changed

Blicq

BE 0422.682.745
NACE 68.122, Development of non-residential building projects
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€28,475
2024 · -€1,815-€26,661
Equity
€309,570
2024 · €338,045-€28,475
Cash
-
not filed
Balance sheet total
€789,179
2024 · €783,854+€5,325

Largest movements

2024 to 2025
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Other debts +€32,300

      up €32,300 (+7.2%), from €445,809 to €478,109

    • Profit (loss) carried forward -€28,475

      down €28,475 (-8.4%), from -€338,457 to -€366,932

    Income statement
    • Financial charges +€23,529

      new in 2025: €23,529

    • Gross operating margin -€1,601

      down €1,601 (-120.1%), from -€1,332 to -€2,933

    • Other operating charges +€1,530

      up €1,530 (+317.4%), from €482 to €2,013

    From the 2024 result to the 2025 result

    effect on the result

    Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.

    Result 2024 -€1,815
    Gross operating margin -€1,601
    Other operating charges -€1,530
    Financial charges -€23,529
    Result 2025 -€28,475

    Cash bridge derived

    cash 2024 to 2025

    Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.

    Every line side by side 32 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €783,854 €789,179 +€5,325 +0.7%
    Fixed assets 21/28 €399,398 €399,398 = 0.0%
    Tangible fixed assets 22/27 €399,398 €399,398 = 0.0%
    Land and buildings 22 €399,398 €399,398 = 0.0%
    Current assets 29/58 €384,456 €389,781 +€5,325 +1.4%
    Stocks and contracts in progress 3 €384,456 €389,781 +€5,325 +1.4%
    Stocks 30/36 €384,456 €389,781 +€5,325 +1.4%
    Total equity and liabilities 10/49 €783,854 €789,179 +€5,325 +0.7%
    Equity 10/15 €338,045 €309,570 -€28,475 -8.4%
    Contributions 10/11 €302,133 €302,133 = 0.0%
    Capital 10 €297,472 €297,472 = 0.0%
    Issued capital 100 €297,472 €297,472 = 0.0%
    Outside capital 11 €4,660 €4,660 = 0.0%
    Share premium 1100/10 €4,660 €4,660 = 0.0%
    Revaluation surpluses 12 €370,000 €370,000 = 0.0%
    Reserves 13 €4,370 €4,370 = 0.0%
    Non-distributable reserves 130/1 €4,370 €4,370 = 0.0%
    Legal reserve 130 €4,370 €4,370 = 0.0%
    Profit (loss) carried forward 14 -€338,457 -€366,932 -€28,475 -8.4%
    Amounts payable 17/49 €445,809 €479,609 +€33,800 +7.6%
    Amounts payable within one year 42/48 €445,809 €479,609 +€33,800 +7.6%
    Trade debts 44 - €1,500 +€1,500
    Suppliers 440/4 - €1,500 +€1,500
    Other amounts payable 47/48 €445,809 €478,109 +€32,300 +7.2%
    Other operating charges 640/8 €482 €2,013 +€1,530 +317.4%
    Gross operating margin 9900 -€1,332 -€2,933 -€1,601 -120.1%
    Operating profit (loss) 9901 -€1,815 -€4,946 -€3,131 -172.6%
    Financial charges 65/66B - €23,529 +€23,529
    Recurring financial charges 65 - €23,529 +€23,529
    Profit (loss) for the period before taxes 9903 -€1,815 -€28,475 -€26,661 -1469.3%
    Profit (loss) for the period 9904 -€1,815 -€28,475 -€26,661 -1469.3%
    Profit (loss) for the period to be appropriated 9905 -€1,815 -€28,475 -€26,661 -1469.3%

    Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.